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Memo: Mark Thompson says CNN is cutting about 100 jobs, plans to launch its first CNN.com subscription product later in 2024, but offers few details, and more — CEO Mark Thompson said it was “a logical possibility” that CNN might pursue a subscription bundle similar to what the New York Times offers.
Discussion:
CNN, Media Nation, Nieman Lab, Variety, The Verge, Associated Press, @farhip, Broadband TV News, Deadline, The Media Mix, @mattdpearce, @heysamantha, @sfiegerman, @kevincollier, The Wrap, @iyengarish, Breitbart, Talking Biz News, @rasmus_kleis, Brian Steinberg on LinkedIn, @pressgazette, Mediaite, @alexweprin, @bristei, @brianstelter, @bristei, Hartford Courant, Jeremy Moore on LinkedIn, The Hollywood Reporter, New York Times, MediaPost, The Media Leader, The Information, New York Post, Reuters and Cord Cutters News
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Brian Lowry, the veteran Hollywood reporter, critic, and a contributor to CNN's Reliable Sources newsletter, is set to leave in the new round of CNN job cuts — The news outlet is cutting approximately 100 jobs as it works to boost its digital business.
Discussion:
Cord Cutters News, @blowryontv, @tvmojoe, The Wrap and Talking Biz News
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Sources: the NBA finalizes contracts with new partners NBC and Amazon Prime Video, while maintaining ABC/ESPN for the NBA Finals; TNT could still match — The NBA and network executives finalized contracts that will make NBC and Amazon Prime Video new partners, while maintaining ABC/ESPN …
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A US jury finds Archegos Capital Management's Bill Hwang guilty of fraud for artificially inflating stocks of companies including ViacomCBS and Discovery — Bill Hwang, founder of Archegos Capital Management, was found guilty of fraud Wednesday by a Manhattan federal court after the 2021 collapse …
Discussion:
Bloomberg, Financial Times, Variety, Deadline, The Hollywood Reporter, Associated Press and New York Times
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Russia's government declares The Moscow Times an “undesirable organization”, meaning any Russian who cooperates with the outlet could get five years in prison — The Russian prosecutor general's office on Wednesday declared The Moscow Times, an online newspaper popular among …
Discussion:
Agence France-Presse, The Moscow Times, @niktwick, @paige_reynolds_, @samberkhead, @hejsascha, @evahartog, @tomashirstecon, @kevinrothrock, @tomashirstecon, @macktubs, @moscowtimes, @andrew__roth, @bbcstever, @bbcstever, Voice of America, Radio Free Europe/Radio …, European Federation …, Reuters and The Daily Beast
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A US court grants Redbox owner Chicken Soup for the Soul Entertainment Chapter 7 bankruptcy, paving the way for shutting down Redbox and liquidating its assets — Redbox will shut down, corporate parent is being liquidated — The bankruptcy case of Redbox's corporate parent Chicken Soup …
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South Korea-based Beeble AI, which is developing virtual production services for indie filmmakers, raised $4.75M in seed funding at a valuation of $25M — Visual effects (VFX) have emerged as essential in filmmaking and have transformed storytelling and creativity in the film industry with its diverse digital techniques.
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The Writers Guild of America West negotiates a $3.05M settlement with CBS to compensate 24 writers on MacGyver, Seal Team, and Hawaii 5-0 for unpaid work — The union told members on Wednesday of the resolution to an arbitration claim made on behalf of ‘MacGyver,’ ‘Seal Team’ and ‘Hawaii 5-0’ scribes.
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George Stephanopoulos replies to a pedestrian on Biden, saying “I don't think he can serve four more years”; ABC says “George expressed his own point of view” — GEORGE STEPHANOPOULOS BIDEN CAN'T SERVE 4 MORE YEARS … 6:28 PM PT — George Stephanopoulos tells TMZ …
Discussion:
Hollywood Life, Poynter, New Republic, The Daily Beast, @dylanbyers, New York Post, New York Times, Raw Story, @abbydphillip, @redsteeze, @collinrugg, @tmz, @todarorichard, @waylon_wc, @themainnetwork, Slate, CNN, Los Angeles Times, The Hill, New Jersey Online, NBC News, CBS News, The Guardian, Fox News, Newser, HuffPost, Washington Post, The Wrap, Variety, Deadline, Mediaite and The Hollywood Reporter
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Q&A with filmmaker Errol Morris on his 1988 The Thin Blue Line documentary, generative AI, disinformation, reenactment, his new Separated documentary, and more — “Our task is to get back to the real world, to the extent that it is recoverable.” — Errol Morris is used to being called a liar, a trickster, and a manipulator.
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Ticketmaster and Shazam announce a partnership letting artists link their live events in Shazam, adding to Ticketmaster's integration with Snap and TikTok — After integrating its ticket sales platform with Snap and TikTok, ticketing giant Ticketmaster is taking another step towards sales …
Discussion:
Billboard and Digital Music News
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How the SCOTUS NetChoice ruling on social media platforms' First Amendment rights could affect a host of tech legislation, including kids' online safety laws — Here's what the SCOTUS decision might mean for everything from kids online safety laws to the TikTok ‘ban.’
Discussion:
Wired, @lauren_feiner, @eff and ACLU, more at Techmeme »